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G3 Share-based compensation (Tables) | 12 Months Ended
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Dec. 31, 2024
Disclosure of terms and conditions of share-based payment arrangement [line items] |
Summary of Performance Criteria | LTV and EPP performance criteria
Program year |  | Target |  |  | Criteria |  |  | Weight |  | Performance period |  |  | Vesting opportunity (linear pro-rata) |  |  | Achievement 3) |  |  | Achieved vesting level |
2024 |  |  | 2024 Group operating income (EBITA) |  |  |  | Range (SEK billion): 16.7 -30.7 |  |  | 45% |  |  | Jan 1, 2024–Dec 31, 2024 |  |  |  | 0%–200% |  |  |  | SEK 26.0 billion | 2) |  |  | 132.82 | %
2024 |  |  | Absolute TSR |  |  |  | Range: 6%–14% |  |  | 25% |  |  | Jan 1, 2024–Dec 31, 2026 |  |  |  | 0%–200% |  |  |  |  |  |  |  |  |
2024 |  |  | Relative TSR |  |  |  | Ranking of Ericsson: 6–2 |  |  | 20% |  |  | Jan 1, 2024–Dec 31, 2026 |  |  |  | 0%–200% | 1) |  |  |  |  |  |  |  |
2024 |  |  | Group Environmental, Social and Governance (“ESG”) |  |  |  | CO 2 e emissions (ktonnes): 138–114 |  |  | 1.66% |  |  | Jan 1, 2024–Dec 31, 2024 |  |  |  | 0%–200% |  |  |  | 105.6 ktonne CO 2 |  |  |  | 200 | %
|  |  | CO2e emissions (ktonnes): 133–110 |  |  | 1.66% |  |  | Jan 1, 2025–Dec 31, 2025 |  |  |  | 0%–200% |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  | CO 2 e emissions (ktonnes): 126–102 |  |  | 1.68% |  |  | Jan 1, 2026–Dec 31, 2026 |  |  |  | 0%–200% |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  | Increasing the representation of women leaders in the Group: Range 25%–27% |  |  | 5% |  |  | Jan 1, 2024–Dec 31, 2026 |  |  |  | 0%–200% |  |  |  |  |  |  |  |  |
2024 Total |  |  |  |  |  |  |  |  |  | 100% |  |  |  |  |  |  | 0%–200% |  |  |  |  |  |  |  |  |
2023 |  |  | 2023 Group operating income (EBITA) |  |  |  | Range (SEK billion): 26.4 -40.4 |  |  | 45% |  |  | Jan 1, 2023–Dec 31, 2023 |  |  |  | 0%–200% |  |  |  | SEK 21.4 billion | 2) |  |  | 0 | %
2023 |  |  | Absolute TSR |  |  |  | Range: 6%-14% |  |  | 25% |  |  | Jan 1, 2023–Dec 31, 2025 |  |  |  | 0%–200% |  |  |  |  |  |  |  |  |
2023 |  |  | Relative TSR |  |  |  | Ranking of Ericsson: 6–2 |  |  | 20% |  |  | Jan 1, 2023–Dec 31, 2025 |  |  |  | 0%–200% | 1) |  |  |  |  |  |  |  |
2023 |  |  | Group Environmental, Social and Governance (“ESG”) |  |  |  | CO 2 e emissions (ktonnes): 142–121 |  |  | 1.66% |  |  | Jan 1, 2023–Dec 31, 2023 |  |  |  | 0%–200% |  |  |  | 121.9 ktonne CO 2 |  |  |  | 193.72 | %
|  |  | CO 2 e emissions (ktonnes): 132–113 |  |  | 1.66% |  |  | Jan 1, 2024–Dec 31, 2024 |  |  |  | 0%–200% |  |  |  | 105.6 ktone CO 2 |  |  |  | 200 | %
|  |  |  |  |  |  | CO 2 e emissions (ktonnes): 122–104 |  |  | 1.68% |  |  | Jan 1, 2025–Dec 31, 2025 |  |  |  | 0%–200% |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  | Increasing the representation of women leaders in the Group: Range 23%–25% |  |  | 5% |  |  | Jan 1, 2023–Dec 31, 2025 |  |  |  | 0%–200% |  |  |  |  |  |  |  |  |
2023 Total |  |  |  |  |  |  |  |  |  | 100% |  |  |  |  |  |  | 0%–200% |  |  |  |  |  |  |  |  |
2022 |  |  | 2022 Group operating income (EBIT) |  |  |  | Range (SEK billion): 24.1–34.1 |  |  | 45% |  |  | Jan 1, 2022–Dec 31, 2022 |  |  |  | 0%–200% |  |  |  | SEK 32.2 billion | 2) |  |  | 162.76 | %
2022 |  |  | Absolute TSR |  |  |  | Range: 6%-14% |  |  | 25% |  |  | Jan 1, 2022–Dec 31, 2024 |  |  |  | 0%–200% |  |  |  | 0.54% |  |  |  | 0.00 | %
2022 |  |  | Relative TSR |  |  |  | Ranking of Ericsson: 6–2 |  |  | 20% |  |  | Jan 1, 2022–Dec 31, 2024 |  |  |  | 0%–200% | 1) |  |  | 10 out of 12 |  |  |  | 0.00 | %
2022 |  |  | Group Environmental, Social and Governance (“ESG”) |  |  |  | CO 2 e emissions (ktonnes): 265–200 |  |  | 5% |  |  | Jan 1, 2022–Dec 31, 2024 |  |  |  | 0%–200% |  |  |  | 201.3 ktonne CO 2 |  |  |  | 189.52 | %
|  |  | Increasing the representation of women leaders in the Group: Range 22%–24% |  |  | 5% |  |  | Jan 1, 2022–Dec 31, 2024 |  |  |  | 0%–200% |  |  |  | 24.15% |  |  |  | 200 | %
2022 Total |  |  |  |  |  |  |  |  |  | 100% |  |  |  |  |  |  | 0%–200% |  |  |  |  |  |  |  | 92.72 | %
2021 |  |  | 2021 Group operating income (EBIT) |  |  |  | Range (SEK billion): 15.0–24.0 |  |  | 50% |  |  | Jan 1, 2021–Dec 31, 2021 |  |  |  | 0%–200% |  |  |  | SEK 27.4 billion | 2) |  |  | 200 | %
2021 |  |  | Absolute TSR |  |  |  | Range: 6%–14% |  |  | 30% |  |  | Jan 1, 2021–Dec 31, 2023 |  |  |  | 0%–200% |  |  |  | –16.17% |  |  |  | 0.00 | %
2021 |  |  | Relative TSR |  |  |  | Ranking of Ericsson: 6–2 |  |  | 20% |  |  | Jan 1, 2021–Dec 31, 2023 |  |  |  | 0%–200% | 1) |  |  | 12 out of 11 |  |  |  | 0.00 | %
2021 Total |  |  |  |  |  |  |  |  |  | 100% |  |  |  |  |  |  | 0%–200% |  |  |  |  |  |  |  | 100.00 | %
1) | The portion of the Performance Share Awards granted to a participant based on the relative TSR performance condition is subject to fulfilment of the related performance criteria over the performance period compared to peer groups consisting of 11 companies for the program year 2024, 2023, 2022 and 2021. The vesting of the Performance Share Awards under this performance condition will vary depending on the Company’s TSR performance ranking versus the other companies in the peer group at the end of the performance period.
2) | Excludes restructuring charges and items not included in target performance criterion.
3) | Resolved by the Board of Directors.
Number of shares for Executive Team and Executives |
Number of shares for Executive Team and Executives |
(million) Share-settled programs |  | LTV 2024 |  |  | LTV 2023 |  |  | LTV 2022 |  |  | LTV 2021 |
Maximum shares required |  |  | 10.4 |  |  |  | 4.1 |  |  |  | 2.0 |  |  |  | 2.1 |
Granted shares |  |  | 4.0 |  |  |  | 3.7 |  |  |  | 0.7 |  |  |  | 0.6 |
of which the president and CEO |  |  | 0.5 |  |  |  | 0.6 |  |  |  | 0.3 |  |  |  | 0.3 |
Outstanding number of shares |  |  |  |  |  |
|  | Executive Team/ Executives programs 1) |  |  |  |  |  | of which the President and CEO |
(million) Share-settled programs |  | LTV 2024 |  |  | LTV 2023 |  |  | LTV 2022 |  |  | LTV 2021 |  |  | Prior 2021 2) |  |  | Total |  |  |  |  |  | LTV 2024 |  |  | LTV 2023 |  |  | LTV 2022 |  |  | LTV 2021 |  |  | Prior 2021 2) |  |  | Total |
Outstanding number of shares, beginning of period |  |  | – |  |  |  | 2.0 |  |  |  | 0.9 |  |  |  | 0.5 |  |  |  | 1.7 |  |  |  | 5.1 |  |  |  |  |  |  |  | – |  |  |  | 0.3 |  |  |  | 0.4 |  |  |  | 0.3 |  |  |  | 0.7 |  |  |  | 1.7 |
Granted shares for current year program |  |  | 4.0 |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | 4.0 |  |  |  |  |  |  |  | 0.5 |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | 0.5 |
Exercised |  |  | – |  |  |  | – |  |  |  | – |  |  |  | –0.5 |  |  |  | –1.5 |  |  |  | –2.0 |  |  |  |  |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | –0.3 |  |  |  | –0.7 |  |  |  | –1.0 |
Forfeited |  |  | – |  |  |  | –0.2 |  |  |  | –0.1 |  |  |  | – |  |  |  | –0.2 |  |  |  | –0.5 |  |  |  |  |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |
Increase/decrease due to performance condition |  |  | 0.7 |  |  |  | 0.1 |  |  |  | –0.2 |  |  |  | – |  |  |  | – |  |  |  | 0.6 |  |  |  |  |  |  |  | 0.1 |  |  |  | – |  |  |  | –0.1 |  |  |  | – |  |  |  | – |  |  |  | – |
Outstanding number of shares, end of period |  |  | 4.7 |  |  |  | 1.9 |  |  |  | 0.6 |  |  |  | – |  |  |  | – |  |  |  | 7.2 |  |  |  |  |  |  |  | 0.6 |  |  |  | 0.3 |  |  |  | 0.3 |  |  |  | – |  |  |  | – |  |  |  | 1.2 |
1) | LTV 2023 and 2024 include Executive Team and Executives.
2) | Includes LTV 2019 and LTV 2020 programs.
Summary of Compensation Expense |
Compensation expense for LTV 2021–2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(million) |  | 2024 |  |  | 2023 |  |  | 2022 |  |  | 2021 |  |  | Total |
Share-settled programs 1) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
LTV 2024 |  |  | 44 |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | 44 |
LTV 2023 |  |  | 24 |  |  |  | 25 |  |  |  | – |  |  |  | – |  |  |  | 49 |
LTV 2022 |  |  | 18 |  |  |  | 20 |  |  |  | 12 |  |  |  | – |  |  |  | 50 |
LTV 2021 |  |  | 7 |  |  |  | 31 |  |  |  | 36 |  |  |  | 24 |  |  |  | 98 |
Total share-settled programs of which the President and CEO |  |  | 93 24 |  |  |  | 76 28 |  |  |  | 48 22 |  |  |  | 24 11 |  |  |  | 241 85 |
Cash-settled plans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
EPP 2022 |  |  | 30 |  |  |  | 20 |  |  |  | 12 |  |  |  | – |  |  |  | 62 |
EPP 2021 |  |  | –3 |  |  |  | 16 |  |  |  | 15 |  |  |  | 17 |  |  |  | 45 |
Total executive performance plans |  |  | 27 |  |  |  | 36 |  |  |  | 27 |  |  |  | 17 |  |  |  | 107 |
KC 2024 |  |  | 1,127 |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | 1,127 |
KC 2023 |  |  | 620 |  |  |  | 811 |  |  |  | – |  |  |  | – |  |  |  | 1,431 |
KC 2022 |  |  | 217 |  |  |  | 330 |  |  |  | 280 |  |  |  | – |  |  |  | 827 |
KC 2021 |  |  | –11 |  |  |  | 91 |  |  |  | 89 |  |  |  | 355 |  |  |  | 524 |
Total key contributor plans |  |  | 1,953 |  |  |  | 1,232 |  |  |  | 369 |  |  |  | 355 |  |  |  | 3,909 |
Total cash-settled plans |  |  | 1,980 |  |  |  | 1,268 |  |  |  | 396 |  |  |  | 372 |  |  |  | 4,016 |
Total compensation expense |  |  | 2,073 |  |  |  | 1,344 |  |  |  | 444 |  |  |  | 396 |  |  |  | 4,257 |
1) | LTV 2024 and 2023 include Executive Team and Executives
Summary of FV Per Performance Criteria and Program |
Fair values (SEK) |  |  |  |  |  |  |  |  |  |  |  |
Executive team/Executives programs |  |  | LTV 2024 |  |  |  | LTV 2023 |  |  |  | LTV 2022 |  |  |  | LTV 2021 |
Share price at grant |  |  | 61.46 |  |  |  | 55.59 |  |  |  | 78.88 |  |  |  | 116.66 |
Fair value Absolute TSR |  |  | 59.05 |  |  |  | 32.75 |  |  |  | 41.18 |  |  |  | 113.47 |
Fair value ESG – Environmental (1,2,3) |  |  | 53.61 |  |  |  | 47.80 |  |  |  | 71.45 |  |  |  | – |
Fair value ESG – Social |  |  | 53.61 |  |  |  | 47.80 |  |  |  | 71.45 |  |  |  | – |
Fair value Relative TSR |  |  | 55.61 |  |  |  | 39.40 |  |  |  | 54.48 |  |  |  | 108.61 |
Fair value Group operating income (EBITA and EBIT) |  |  | 53.61 |  |  |  | 47.80 |  |  |  | 71.45 |  |  |  | 110.70 |
Ericsson Share Purchase Plan [Member] |
Disclosure of terms and conditions of share-based payment arrangement [line items] |
Summary of Stock Purchase Plans | Ericsson share purchase plan
Eligible employees |  | Number of countries with ESPP |  | Number of participants |  |  | Take-up rate – percent of eligible employees |
76,000 |  | 69 |  |  | 13,148 |  |  |  | 17.3% |

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